This inventor holds 1 USPTO granted patent. Top assignee: First Data Corporation. Active years: 2006.
Company Filing History:
Years Active: 2006
Title: The Innovative Mind of Steven Citarella
Introduction
Steven Citarella is a notable inventor based in Massapequa Park, NY (US). He has made significant contributions to the field of technology, particularly in the area of merchant account systems. His innovative approach has led to the development of a unique patent that streamlines the process of activating merchant accounts.
Latest Patents
Citarella holds a patent for a Merchant Account Activation System. This system includes an Internet server that works in conjunction with a master account file operating on a mainframe computer. It also features an expert computer system used to configure point-of-sale terminals. The activation procedure is enhanced by a merchant activation routine running on the Internet server, allowing merchants to apply for accounts during an online session. The routine collects application information, conducts credit checks, and assesses credit risk in real-time. Upon approval, it presents a fee schedule and terms for acceptance. Once the merchant agrees, the system generates identification information, such as a Merchant Identification Number (MID) and a Termination Identification Number (TID).
Career Highlights
Steven Citarella is currently employed at First Data Corporation, where he continues to innovate in the financial technology sector. His work has had a lasting impact on how merchants interact with payment systems and manage their accounts.
Collaborations
Throughout his career, Citarella has collaborated with notable colleagues, including Dominic John Morea and George S Zirkel. These partnerships have contributed to the advancement of technology in the merchant services industry.
Conclusion
Steven Citarella's contributions to the field of merchant account systems exemplify the spirit of innovation. His patent for the Merchant Account Activation System showcases his ability to enhance technology for merchants. His work continues to influence the industry and improve the efficiency of payment processing.